RNS!!!11 Feb 2009 15:42
The Board of Cagney notes the relatively high volume of recent trades in the
Company's shares and the associated increase in the Company's share price. The
Board confirms that it is currently undertaking a strategic review and assessing
a number of options. In particular, the Board has received a preliminary
approach regarding a possible offer for the Company. The Board of the Company
wishes to stress that the approach and the resulting discussions are at an early
stage and there can be no certainty that an offer will be made for the Company,
or as to the terms on which any offer might be made.